RWA Foundation counts 717 stablecoin deployments in quarterly report
- —717 stablecoin deployments versus 189–193 distinct assets
- —Total stablecoin supply reported at about $302.5 billion
- —Stablecoin market cap tracked between $298.8 billion and $301.4 billion
- —30-day inflows flagged into USDC, USDS and RLUSD
Why it matters: Nearly $302.5 billion in dollar-denominated capital already sits on-chain, and inflows into alternatives to USDT and USDC signal issuer competition.
Source: Crypto Briefing